Snowflake's data cloud is foundational to enterprise AI workflows, with Cortex AI providing model-as-a-service capabilities directly atop customer data. Net revenue retention has stabilized but optimization headwinds linger. Databricks competitive pressure remains intense in the data + AI segment. New CEO Sridhar Ramaswamy has refocused on AI native products. Path to profitability is becoming clearer but valuation remains demanding.
| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| DELL | Dell Technologies Inc. | 65 | +14% | ↓8% | WATCH |
| ZM | Zoom Communications Inc. | 65 | +5% | ↓8% | NEUTRAL |
| NOW | ServiceNow Inc. | 65 | +17% | ↓8% | WATCH |
| GOOGL | Alphabet Inc. | 65 | +19% | ↓8% | WATCH |
| SAP | SAP SE | 65 | +8% | ↓8% | WATCH |
| GLOB | Globant SA | 65 | +12% | ↓8% | WATCH |
| SHOP | Shopify Inc. | 65 | +13% | ↓8% | WATCH |
Snowflake Cortex AI usage triples YoY but revenue contribution still small
Net revenue retention drops to 124%, lowest since IPO
Estimates · Yahoo Finance · Not audited figures